Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Swedish Krona/Brazilian Real (FOREX:SEKBRL)
Long-Term Downtrend (-90) - SEKBRL is in a strong downtrend that is likely to continue. While SEKBRL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SEKBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKBRL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SEKBRL
The long-term trend has been DOWN since Mar 28th, 2024 at 0.46635576
The intermediate-term trend has been DOWN since Mar 21st, 2024 at 0.47553825
The short-term trend has been DOWN since Mar 14th, 2024 at 0.48427717
Smart Scan Analysis for SEKBRL
Based on our trend formula, SEKBRL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.46813693 | 0.46904310 | 0.46776078 | 0.46901381 | +0.00087700 |
Prev. Close | Volume | Bid | Ask | Time |
0.46813693 | 2024-03-29 06:15:05 |